DecisionDepot
California legal research

California Corporations Code

§ 1806

CORP § 1806Div. 1 · Title 1 · Ch. 18

Statute text

View on leginfo.ca.gov
When an involuntary proceeding for winding up has been commenced, the jurisdiction of the court includes:
(a)The requirement of the proof of all claims and demands against the corporation, whether due or not yet due, contingent, unliquidated or sounding only in damages, and the barring from participation of creditors and claimants failing to make and present claims and proof as required by any order.
(b)The determination or compromise of all claims of every nature against the corporation or any of its property, and the determination of the amount of money or assets required to be retained to pay or provide for the payment of claims.
…

Legislative history

Added by Stats. 1975, Ch. 682.

Source: California Corporations Code § 1806 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.